---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-003214"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:04:38.202616+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shore Bancshares Q4 net income $13.3M ($0.40 EPS) vs $0.34 in Q3; full-year EPS $1.32

## Summary
- Q4 net income $13.3M, EPS $0.40; full-year 2024 net income $43.9M, EPS $1.32 (vs $11.2M, $0.42 in 2023).
- Net interest income $44.0M (+$748K QoQ); NIM 3.03% (core NIM 2.85%, up 1bp).
- Nonperforming assets rose to $24.8M (0.40% of assets) from $15.8M (0.27%) in Q3; ACL at 1.21% of loans.
- Efficiency ratio improved to 64.21% from 67.49% in Q3; $4.7M credit card fraud event in 2024.
- Total assets $6.23B, deposits $5.53B; CRE office portfolio $506M, 10.60% of loans.

## SEC filing metadata
- accession: 0001628280-25-003214
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000162828025003214/0001628280-25-003214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000162828025003214/shbi-20250130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-003214
- JSON: https://secwatch.observer/filing/0001628280-25-003214.json
- Plain text: https://secwatch.observer/filing/0001628280-25-003214.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.